“Payments provider Plastiq Inc. filed for bankruptcy on Wednesday, capping a tumultuous year in which its plan to go public via a merger with a blank-check company fell through and its primary bank, Silicon Valley Bank, failed.

The San Francisco-based company listed both assets and liabilities in the range of more than $50 million to as much as $100 million in a Chapter 11 petition filed in the District of Delaware.”

https://news.bloomberglaw.com/bankruptcy-law/payment-company-plastiq-goes-bankrupt-in-wake-of-svbs-collapse